Shares & Derivatives
Adding Straco Corporation to my Yield Stock Picks to replace…….Cerebos which is being privatised
By Kevin Scully-Financial Blog  •  October 1, 2012
Adding Straco Corporation to my Yield Stock Picks to replace.......Cerebos which is being privatised Monday, 1 October, 2012  3:44 PM
Posted by Kevin Scully

 With the privatisation and delisting of Cerebos, I was looking for a yield stock replacement that was in a defensive industry and which had a strong balance sheet to weather any storm that might suddenly surface from the EU, Middle East or even Asia..  The latter two are likely to more conflict related than economic.   Straco Corporation is one such company and I am adding it today to my Yield Stock list.

 

About Straco Corporation

Straco Corporation Ltd is in the tourism industry in China where it owns and runs the Shanghai Ocean Aquarium (SOA), Underwater World in Xiamen (UWX) and also a cable car service in Xian.

Although all its businesses are in China, Straco Corporation is not an “S” ...

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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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